What we do
Loan Programs

Every detail of the loan process is managed by our dedicated team of mortgage experts and in-house closing specialists that allow us to get you from your initial application to the closing table with the most favorable terms.

Fixed Rate Loans

Fixed rate commercial mortgages have a fixed interest rate and payment for the full term of the loan. These loans are structured with fixed rates from 5, 10 and even 30 years and is the most commonly used financial tool for owning real estate. The loan product makes it easier to budget, especially over the long term, and it offers stability across an ever-fluctuating market.

Construction Loans

A construction loan is used to fund the construction costs of a real estate project before obtaining long-term funding. As work progresses, the lender pays money out in stages. These loans are typically short term with a maximum of one year and have variable rates that move up and down with the prime rate.

Progress Capital is a leader in arranging construction funding for ground up development of multi-family, office, retail, self-storage and condominiums for sale. We are engaged early in the project, which allows us to provide our expertise to our clients on unique capital needs that will be required throughout the process.

Bridge Loans

Offered through our direct lending platform, Progress Direct, bridge loans are short-term loans secured by the borrower’s current property to finance the purchase of a new property. They allow users to meet obligations by providing immediate cash flow.

Progress Direct provides fast and flexible CRE Bridge Loans that can be customized to your specific financing needs.  We leverage both our expertise and knowledge to help you bridge the capital gap in special situations where conventional financing is not readily available.  Offering highly competitive terms and streamlined execution allowing you to close IN AS LITTLE AS TWO WEEKS!

Mezzanine Loans

Mezzanine loans assist in generating more capital for a business in addition to allowing it to increase its returns on equity and show a higher bottom-line profit. They typically do not require payment during the term of debt, only at the end of the term. This enables a company to improve its cash flow. It is the highest-risk form of debt, but it offers some of the highest returns – a typical rate is in the range of 12% to 20% per year.

Land Loans

Land loans are used to purchase raw land and vacant lots. They differ from traditional property loans because lenders perceive the collateral to be less secure and the loans to be riskier.

Agency Loans

Agency loans like Fannie Mae and Freddie Mac are government-supported loans that guarantee mortgages. The mortgages represented by these securities are guaranteed by the issuing agency that the principal amount of the loan will be repaid.

Preferred Equity

Preferred equity is part of the real estate capital stack and is a type of financing a sponsor or developer will employ as part of the aggregate capital raise for a given real estate project.


Commercial mortgage-backed securities (CMBS) are fixed-income investment products that are backed by mortgages on commercial properties rather than residential real estate. They can provide liquidity to real estate investors and commercial lenders alike.

Property Types



What We Do


What We Do



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